Top 10 Reports

The HfS Blueprint Guide to Emerging Blockchain Services in BFSI


In the 2016 HfS Blueprint Guide to Emerging Blockchain Services In BFSI we evaluate the market for blockchain services and the offerings of some early explorer service providers. The report gives buyers a sense of what’s available today and where providers are evolving, so buyers can make decisions about emerging blockchain services engagements.



  • Despite blockchain’s premise of peer-to-peer network asset transactions, companies right now are operating in private sandboxes, usually testing blockchain intra-company across different business units.
  • Lots of exploration, little operational execution. The market for blockchain services shows lots of promise but most engagements right now are companies experimenting with the technology and related business opportunities. There certainly are some blockchain engagements that have moved beyond proof-of-concept, but they are few and far between.
  • Questions of economics. How blockchain will scale, and how that affects security, storage, and performance – and ultimately how it affects the ROI of blockchain projects – are still being discovered.
  • Regulations and compliance guidance aren’t keeping up with blockchain’s potential. The technology is moving faster than regulatory agencies’ ability to monitor and define appropriate compliance requirements.



Executive leaders and business unit leaders, shared services and outsourcing and procurement managers, advisors, investors in the banking/financial services/insurance industry who want to explore blockchain and related services.



Accenture, Capgemini, Cognizant, Dell Services, EPAM, IBM, L&T Infotech, Luxoft, NTT Data, TCS, Tech Mahindra, VirtusaPolaris



Readers will get an overview of where providers are building out their BFSI-related blockchain capabilities, and how those providers position blockchain’s potential in the market. Buyers will also get a sense of which domain areas within BFSI are early proof points for blockchain among providers and which technology vendors are being chosen as partners. Readers will also get a first-pass assessment of providers’ early offerings in blockchain.

Sign in to view or download this research.


Lost your password?


Weekly Digests/Newsletters: Overviews of the latest news, insight and research by HFS and the HFS Academy.

HFS Events: Exclusive invitations to HFS Webinars, Roundtables and Summits, bringing together key industry stakeholders focused on major innovations impacting business operations.

By registering you agree to our privacy policy.

Also in Top 10 Reports

HFS Top 10: Digital Associates Services

The HFS Top 10 Digital Associates Services report examines the leading IT and BPO services firms developing conversational tools with and for their clients across enterprise functions. We assessed and rated the capabilities of 17 service providers across a defined...

HFS Top 10 Healthcare Sector Service Providers 2020

The HFS Top 10 healthcare services report examines the role service providers play in the dynamic healthcare industry. We assessed and rated the healthcare-specific service capabilities of 18 service providers across a defined series of innovation, execution, and voice of...

Join thousands of other users
already using HFS Research